Home > Salary > India > Deposit Operations Manager
A Deposit Operations Manager is responsible for overseeing the day-to-day operations of a financial institution's deposit accounts. They ensure that all transactions related to deposits, withdrawals, and transfers are processed accurately and efficiently. This role involves managing a team of deposit operations staff, monitoring account activity, reconciling discrepancies, and ensuring compliance with banking regulations and policies. The Deposit Operations Manager also collaborates with other departments such as customer service, risk management, and IT to streamline processes and improve customer experience. Strong analytical skills, attention to detail, and knowledge of banking procedures are essential for this role.
Estimated Yearly Salary: 2,244,175 INR
Estimated Monthly Salary: 187,015 INR
Estimated Weekly Salary: 43,157 INR per week
Estimated Hourly Salary: 1,079 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 181,125 INR
Estimated Weekly Salary: 41,798 INR per week
Estimated Hourly Salary: 1,045 INR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 24,956 USD
Estimated Monthly Salary: 2,080 USD
Estimated Weekly Salary: 480 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 2,244,175 INR
Estimated Monthly Salary: 187,015 INR
Estimated Weekly Salary: 43,157 INR per week
Estimated Hourly Salary: 1,079 INR per hour
By working as Deposit Operations Manager a person can save up to 1,184 USD per month or 14,214 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Deposit Operations Manager
Last revision of data: 2025-01-04
Data as of 2025
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Deposit Operations Manager salary in India
Average Yearly Salary of Deposit Operations Manager in India is approximately 2,244,175 INR (24,956 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Deposit Operations Manager do?
A Deposit Operations Manager is responsible for overseeing the day-to-day operations of a financial institution's deposit accounts. They ensure that all transactions related to deposits, withdrawals, and transfers are processed accurately and efficiently. This role involves managing a team of deposit operations staff, monitoring account activity, reconciling discrepancies, and ensuring compliance with banking regulations and policies. The Deposit Operations Manager also collaborates with other departments such as customer service, risk management, and IT to streamline processes and improve customer experience. Strong analytical skills, attention to detail, and knowledge of banking procedures are essential for this role.
Skills: Deposit Operations Manager, Banking, Financial Services, Account Management, Compliance, Team Leadership
Job industry: Banking
Job industry: Banking
How much does Deposit Operations Manager make?
Salary details
How much does Deposit Operations Manager make?Estimated Yearly Salary: 2,244,175 INR
Estimated Monthly Salary: 187,015 INR
Estimated Weekly Salary: 43,157 INR per week
Estimated Hourly Salary: 1,079 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,173,500 INREstimated Monthly Salary: 181,125 INR
Estimated Weekly Salary: 41,798 INR per week
Estimated Hourly Salary: 1,045 INR per hour
Last revision of data: 2024-01-09Deposit Operations Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 24,956 USD
Estimated Monthly Salary: 2,080 USD
Estimated Weekly Salary: 480 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Deposit Operations Manager job salary compared to average salary in India.
Comparison shows that a person working as Deposit Operations Manager in India earns on average:
1.21 times the average salary (or 121% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Deposit Operations Manager job salary compared to average salary in India.
Comparison shows that a person working as Deposit Operations Manager in India earns on average:
1.21 times the average salary (or 121% of average salary).
Is Deposit Operations Manager a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Deposit Operations Manager?
High salary for Deposit Operations Manager would be somewhere between 2,468,593 INR and 3,254,054 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Deposit Operations Manager in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 2,244,175 INR
Estimated Monthly Salary: 187,015 INR
Estimated Weekly Salary: 43,157 INR per week
Estimated Hourly Salary: 1,079 INR per hour
By working as Deposit Operations Manager a person can save up to 1,184 USD per month or 14,214 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Deposit Operations Manager
Pakistan is 1,766 USD
China is 14,395 USD
Nepal is 8,171 USD
Bangladesh is 3,143 USD
Afghanistan is 6,682 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
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Data as of 2025Random salary:
Lead mammographer (1,913,435 INR per year, pre-tax.)
Hr associate (1,554,677 INR per year, pre-tax.)
Group sales manager (2,069,266 INR per year, pre-tax.)
Patient relations coordinator (1,013,971 INR per year, pre-tax.)
Coldfusion developer (3,160,206 INR per year, pre-tax.)
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